Iranian automotive companies and their counterparts in Russia have signed some $700 million worth of deals to expand their cooperation at a time the two countries are shoring up their defenses against Western sanctions.
Iran’s Minister of Industry, Mine, and Trade Reza Fatemi Amin said on Saturday that presence in MIMS Automobility Moscow 2022 provides a chance for offering high-tech services that should be seized.
An Iranian finance ministry (MEFA) official says the country is in very advanced stage of talks to join Russia’s Mir payment system.
An exclusive exhibition of Iranian goods is scheduled to be held in Moscow, Russia, on Sept. 7-10.
In a meeting of Iranian private sector representatives and a joint delegation from Russia and Tajikistan, ways for facilitating transit between Iran and Commonwealth and Independent States (CIS) were discussed.
Iran’s Trade Promotion Organization (TPO) on Wednesday signed a memorandum of understanding (MoU) with the Russian trade association Business Russia to expand trade ties between the two countries.
A direct flight began operating between Iranian northern city of Rasht and Astrakhan in southern Russia on Sunday.
Iran and Russia have begun to take some small – but potentially significant – steps towards removing the U.S. dollar from their bilateral trade, with the launch of a settlement system using their own currencies.
Iranian tire producers are making efforts to export their products to East Europe and Russia, according to the director of Iran’s Tire Industry Guild Association.
Iran’s Tehran Stock Exchange on Tuesday launched trading in Iranian rial and Russian ruble, Turkish Anadolu Agency reported citing reports by Iran’s official IRNA news agency.